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Just spotted something interesting on-chain - looks like a major ETH whale or institution pulled 44,888 ETH from a major exchange about 9 hours ago, worth roughly $93 million at the withdrawal price of $2,071. Pretty significant move.
What caught my attention is how they handled it. Instead of keeping it all in one place, they split the entire ETH whale position across two separate wallets right after the withdrawal. That's classic whale behavior when you're moving serious capital - spreading it out for security or maybe preparing for something.
With ETH sitting around $2.20K now, that position is worth even more than when they pulled it. Definitely worth watching where these funds go next. These kinds of whale movements on major exchanges always signal something brewing in the market.